Impax Environmental Markets (IEM) – part 2: the managers

IEM is a specialist investment company that provides investors with exposure to businesses delivering solutions to global environmental challenges, in particular those that enable the more sustainable use of resources including energy and water. Unlike trusts heavily invested in renewable infrastructure, IEM invests directly in equities around the world to tap into long-term structural growth trends driven by the global transition toward a more sustainable and resource-efficient economy.In part two of our IEM interview series, we speak once again to co-manager Fotis Chatzimichalakis to understand how IEM has maintained resilience amid recent market volatility by limiting exposure to policy-sensitive areas like renewables and focusing on more stable, high-growth businesses supporting resource efficiency which offer their customer significant cost savings as well as solving environmental challenges. He outlines significant allocations in water infrastructure and energy management, and the importance of geographic diversification into emerging markets like India and China which are investing heavily in environmental technologies. And he underlines the importance of data-driven digital technologies that support the drive for resource efficiency as a particularly attractive investment opportunity.